Edmunds

SANTA MONICA, Calif., May 19, 2008 — Inside Line, Edmunds' high-speed online car magazine, was awarded two 2008 International Wheel Awards for excellence in automotive journalism presented by the Detroit Press Club Foundation and judged by the Medill School of Journalism, Northwestern University. The awards were presented during a ceremony on May 15 at the Automotive Hall of Fame in Dearborn, Mich.

"We are honored and gratified by these awards as we strive to continually produce the Internet's most compelling automotive content," said Kevin Smith, editorial director for Edmunds. "Edmunds' Inside Line has more readers than the circulation of all major printed car magazines combined, and our team is determined to keep that leadership position in light of the ever-growing competition."

2008 Kia Rondo Listed as a Best Value

IRVINE, Calif., February 20, 2008 – The 2008 Kia Rondo was named a "Best Value" by Parents Magazine and Edmunds.com in their annual list of Best Family Cars. Parents cited the optional third row, allowing seating for seven, as just one of the reasons the Rondo is a good choice for families.

"The best thing about Parents Magazine's recognition is that real parents who drive Rondos everyday with their families are the ones who recognized Rondo for its safety features, great value and amenities," said Byung Mo Ahn, group president and CEO of Kia Motors America and Kia Motors Manufacturing Georgia (KMMG).

Year off to a Slow Start

SANTA MONICA, Calif., January 28, 2008 — This month's new vehicle sales (including fleet sales) are expected to be 1.05 million units, a 2.9 percent decrease from January 2007 and a 23.8 percent decrease from December 2007, according to Edmunds.com, the premier online resource for automotive information. This amounts to a seasonally adjusted annual rate (SAAR) of 16.1 million units.

SANTA MONICA, Calif., January 28, 2008 — The Washington Automotive Press Association (WAPA) named Ken Gross the recipient of the 2008 Golden Quill award in recognition of his writing for Edmunds' Inside Line, Edmunds.com's high-speed online car magazine.

"Few writers in the realm of automotive literature can match Ken Gross's way with words," described the award's chief judge, David Hess of Springfield, Virginia. "His encyclopedic grasp of automotive science, design and technology shines through his columns in ways that even lay readers can understand. He combines this knowledge with a fluent command of language that stokes the senses in one's mind, to the point of hearing thrumming cylinders and sniffing the tangy odor of hot engine oil."

PORSCHE GT3 WINS EDMUNDS.COM ‘MOST- WANTED’ AWARD

ATLANTA, January 10, 2008 – The auto editors at Edmunds’ Inside Line, Edmunds.com’s online automotive magazine, had a tough job in 2007 as they tested and reviewed 268 new cars and trucks and were then asked to select only the best for their 2008 Editors’ Most Wanted Awards. In the end the Porsche® 91® GT3 endured their expert scrutiny, scoring a victory and driving off with this very prestigious and important award.

Automakers Boost Incentives in Attempt to End Year on a High Note

SANTA MONICA, Calif. — January 3, 2008 — Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,472 per vehicle sold in December 2007, up $197, or 8.7 percent, from November 2007, and up $157, or 6.8 percent, from December 2006.

SANTA MONICA, Calif. — December 12, 2007 — Inside Line, Edmunds.com's high-speed online car magazine, today announced that the 2008 Honda Accord won the latest comparison test of six-cylinder family sedans, which is described in full online at Comparison Test: 2007-2008 V6 Family Sedans.

The Inside Line editorial team recently compared four fully loaded six-cylinder family sedans:

* 2008 Chevrolet Malibu LTZ (MSRP of $27,245 and Edmunds.com True Market Value® (TMV®) of $27,245), equipped with a six-cylinder, 252-horsepower engine and six-speed automatic transmission;
* 2008 Honda Accord EX-L (MSRP of $30,895 and TMV® of $30,482), equipped with a six-cylinder, 268-horsepower engine and five-speed automatic transmission;

SANTA MONICA, Calif. — December 3, 2007 — Edmunds.com estimated today that the average automotive manufacturer incentive in the U.S. was $2,309 per vehicle sold in November 2007, up $135, or 6.2 percent, from October 2007, and up $21, or 0.9 percent, from November 2006.

Edmunds.com's monthly True Cost of IncentivesSM (TCISM) report takes into account all automakers' various U.S. incentives programs, including subvented interest rates and lease programs, as well as cash rebates to consumers and dealers. To ensure the greatest possible accuracy, Edmunds.com bases its calculations on sales volume, including the mix of vehicle makes and models for each month, as well as on the proportion of vehicles for which each type of incentive was used.

Some Automakers Enjoy Gains Despite Soft Market

SANTA MONICA, Calif., September 27, 2007 — This month's new vehicle sales (including fleet sales) are expected to be 1.29 million units, a 4.5 percent decrease from September 2006, according to Edmunds.com, the premier online resource for automotive information.

This September had 25 selling days, one less than September 2006. When adjusted for this difference, sales decreased 0.7 percent from September 2006.